We are approaching mid July, when are these raises bieng announced and communicated, there is not much time left to speak with the staff and tell them what they are getting.
My energy supplier just hiked its rates, would be useful to know if I will be able to afford it or how else I'm going to pay for it.
You people are delusional if you think you’re getting a raise.
Management said the raises would be in the August pay. You cant keep moving the dates.
This is serious incompetence, leaving the staff in the dark, how can customers trust what Dxc promise.
Management said August, so until September 1, they are still telling the truth!
Temperature across Europe is rising (not salaries). We are using Kyoto cooling and AI in our datacenters to mitigate rising temperatures in our datacenters.
Mike normally says on all the Town halls that we should turn up on time, do what we say we are going to do.
Are we saying his going to break his promises, and if so his trust?
Hopefully hear in the next few days.
From what I hear we won't be told in July so that's yet another broken commitment by leadership, that's not living up to DXC Values is it?
Wonder if they'll make up another DXC Culture week as a distraction?
We won't hear anything till right before the stock holders meeting so it looks as they are doing the "right thing". But it's all smoke and mirrors ( or vaperware like platform x)
Most of the of us that met or exceeded our expectations will get a BIG fat ZERO!
11 days left, wonder when people will start to be informed of the raise amount.
Most companies give a period of advance notice, there's no much time left.
Communication demonstrates how good a company is at management.
Would you be reactive or proactive when you believe the most important asset is staff?
Are the staff going to be left in the dark till the last moment, and if so what is the benefit of doing so?
The Annual Meeting of Stockholders will be held on August 17, 2021 at 10:30 a.m. Eastern Time and will be a virtual meeting conducted via live webcast. Attend the meeting online and submit your questions during the meeting by visiting: www.virtualshareholdermeeting.com/DXC2021.
There will be some really bad press if employee's are not treated fairly by August 17, DXC values will mean nothing if something isnt done by then #ISEEDXC
The rumors that I've heard is there is an imposed freeze on pay increases for the entire month of July. I don't know about August.
Raise? Ahahah never going to happen, but good luck with all that diversity equity woke mumbojumbo.
Raises??!!??...uh huh.......and Oswald acted alone....
It's not rocket science.
Inflation running at 10% and to rise in the coming months.
So 10% for those that have performed, and 8% for less performers, and 6% for low.
5 minute job.
And don't say it can be afforded as the execs all get 50% plus raises so its a blatantly incorrect to say no one gets 50% plus.
Platform - X-X is vaperware it's not calculating anything and if software was doing it someone with brains would have to set the criteria and our exec's don't have that brain power
Management is reviewing the reviews starting Monday, I used to be a manager with a real company and pay increases were always in the budget for the following year. At annual review each manager that carried a personal budget was given a dollar amount and rules about increases such as no more than X% or X-$$ . we then were allowed to give increases up to our budget and review from our manager. it shouldn't take 4 - 5 months from April to give us our increases.
Do the right thing, what utter bullsh-t
The good news is that at 8% increase is looking likely.
The bad news is that it's an 8% increase in WFR and layoffs, not salary for the people doing the work.
That will enable Mike 2 and Steak Cutter 2 to have a nice big raise this year.
It's so expensive, really struggling.
WASHINGTON (AP) — Inflation at the wholesale level climbed 11.3% in June compared with a year earlier, the latest painful reminder that inflation is running hot through the American economy.
The Labor Department reported Thursday that the U.S. producer price index — which measures inflation before it hits consumers — rose at the fastest pace since hitting a record 11.6% in March.
Last month’s jump in wholesale inflation was led by energy prices, which soared 54% from a year earlier. But even excluding food and energy prices, which can swing wildly from month to month, producer prices in June jumped 8.2% from June 2021. On a month-to-month basis, wholesale inflation rose 1.1% from May to June, also the biggest jump since March.
So I'm guessing all of you have applied for jobs at other companies. That's the only way to get a substantial raise to your income.
Platform - X-X is calculating the salary increases of 130 women and men dxc'ers. This is a pretty detailed method using salary data and performance data and using AI. So we are on track and excited about it.
@2jqp+1hFjPOKJ They don’t give a fu-k. Mike S Mary F and all the rest will take the money, sell the company and run. All employees should be by now aware that this company has no future. The only option is to leave and never look back. This shithole is only about the GLT egos, corporate propaganda and a few co-------r employees pushing that narrative.
Are we saying that with Mike and Mary getting 50% plus raises, real inflation at 10%+, and other companies offering 10 - 20% then DXC will be looking around 10% plus.
Having high attrition is not an affordable option in terms of competitiveness.
Attrition is a no brainer, the amount of money you lose in retraining, loss of morale, loss of continuity, knowledge drain, reputation loss, customer relationships.
Pay rise at DXC? Seriously? I thought there was more chance of a comet hitting the earth - or has DXC actually worked with the European Space Agency to calculate the exact hour the comet will hit to time their pay rise announcement an hour later?
Accenture: gave raises of 4.5% this year.
IBM: Not disclosed. Though people posting "1.5%" as they have margin squeeze and high attrition. They also get paid a Bonus - Growth Driven Profit (GDP) which is 0-12% for a band 0-9 and 0-24% for band10, though most staff only paid 0-1% in past 3 yrs.
Indian companies:
TCS, InfoSys hikes up to 20-25% with average of 12-3%,
HCL (21%),
Cognizant - hikes up to 25% (though average is 8-12%).
TATA Consultancy Services (5-8% and due to hire 40,000 Juniors this yr/attrition 19.7%)
WIPRO: Not disclosed. High attrition causing margin pressure.
ATOS: 4% (after their 1.5% was rejected with the threat of industrial action)
Deloitte: 2-20%. Also known to have paid retention bonuses.
PCW (UK): 9%
An E&Y survey concluded 43% of staff are to leave their job for better pay this yr. The average pay increase for those leaving to join an IT firm through a recruiter is between 10-20% at the moment.
I don't think I've ever seen such a rapid move shift in the market in all my years in IT, guys I know - ITIL service managers, Senior Analysts, even those with just 12 months of experience are leaving for quite large increases - because they can.
Mike gets a total of $28,716,680 a year as CEO and now he will be chairman of the board, maybe take a cut in pay so ythe people who really support our customers can get their 1st pay increase in 5+ years
Putting in context with current inflation rising at 1.3% per month a 8% rise would last 6 months.
The situation is becoming very difficult.
NO time for questions, in the TH. This should be the 1st thing talked about in the meeting, no-one cares about anything else!
Well it's hit 9.1% highest rise since 1981, so we're 0.9% off a tenth of your salary gone.
Now the figures are out hopefully the raises can be announced ASAP as we can't maintain this level if payments much longer.
"US inflation roared again to a fresh four-decade high last month.
The consumer price index rose 9.1% from a year earlier in a broad-based advance, the largest gain since the end of 1981, Labor Department data showed Wednesday. The widely followed inflation gauge increased 1.3% from a month earlier, the most since 2005, reflecting higher gasoline, shelter and food costs."
The inflation is probably in reality alot higher than the 8.6% published by the government.
I think there are sources somewhere that show how the FED do a good job at masking the truth and get away with publishing these lower percent values.
Also, I believe inflation may have peaked now and we should start to see it come down, problem is you have to live in the moment at the time the price rises are here hitting us.. but then the actual value of what it is is then published around a month later!
Inflation in the US from may 2021 to May 2022 is 8.6 %. That doesn't take into account all the other years with little or no pay increases
https://www.usinflationcalculator.com/inflation/current-inflation-rates/
You won't receive much if any increase at DXC - only thing you will get is more WFR and the ground staff left having to do more work load.
The days of cut throat it outsourcing have gone as all the IT outsourcers are paying COLA to their staff and raising their charges to the companies, we are in a new era.
The delay n announcing the pay raise is because the CFO is speaking with Fed to check If inflation is really around 10%.
They want evidence from the US government as proof that everything has sky rocketed in price.
If only they went to the gas station or shopping plaza they could confirm it themselves.
My manager is on annual leave until 25th. So even if something was announced soon, I imagine I still wouldn't find out.
Is anyone actually taking the time to do any of these culture week activities!? I'd happily do it.. so long as someone is happy to explain to my manager and the clients I support the reason why we are now behind on projects etc!
Please attend the culture week and pay rises will be declared there.
Mary F the HR vp has been getting 50% raises and that's on $2.5million so she knows it's important to give raises.
8% in the high inflation environment sounds reasonable to her.
There are NO pay rasies, but we get to sit tough BS Culture week. I'll believe in pay increases IF and WHEN they show up in my paycheck two weeks in a row.
what are you smoking with say 8% rasies , maybe to 1 person but not across the board
"Mike has gone a good way to care for the people."
Is this satire?
Looks like it's going to be around 8%.
It's not inflation but Mike has gone a good way to care for the people.
Raises at DXC? They know how to do that?